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5914-5920 Stanley Ave
Carmichael, CA 95608
The Brentwood · Multifamily Property For Sale
·
40 Units
PROPERTY FACTS
| No. Units | 40 | Lot Size | 1.32 AC |
| Property Type | Multifamily | Building Size | 36,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | LC | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.32 AC |
| Building Size | 36,000 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | LC |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Grill
- Pantry
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Grill
ABOUT 5914-5920 STANLEY AVE , CARMICHAEL, CA 95608
Marcus & Millichap is pleased to present Brentwood Terrace, a charming 40-unit apartment community located in the highly desirable Sacramento submarket of Carmichael. The property features five studios, twenty-nine one-bedroom / one-bathroom units, and six two-bedroom/ one-bathroom units. Situated just east of Downtown Sacramento, Carmichael has some of the region's largest gaps between the cost to rent and mortgage payments. The next owner of Brentwood Terrace will capitalize on the opportunity to erode the tremendous loss-to-lease that exists on the current rent roll and own a charming property in one of the country's strongest rental markets. The competitive set strongly suggests that Brentwood Terrace can produce an unleveraged rate of return above 7% after stabilization. The duality of the submarket's fundamentals and the property's financial opportunities make Brentwood Terrace an incredibly attractive offering in today's market. Please do not disturb tenants or management. All tours must be scheduled with the listing agents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 400 |
| 1+1 | 29 | - | 615 |
| 2+1 | 6 | - | 810 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,963,268 | |
| Land Assessment | $1,061,207 | Total Assessment | $6,024,475 |
PROPERTY TAXES
